Gold soars to all-time high, biggest daily dollar gain everKitco News ^ | 1/28/26 | Jim WyckoffPosted on by Presbyterian Reporter(Kitco News) - Gold and silver prices are strongly higher in afternoon trading Wednesday, with gold leading the way this time, powering to an all-time high of $5,360.60, basis April Comex futures, as of this writing, and scoring the largest daily price gains ever, in dollar terms. CME Group is raising margins on Comex silver futures after prices surged to a record high this week. COMEX SILVER MARGINS--- """CME Group is raising margins on Comex silver futures after prices surged to a record high this week. Those folks who are short the FEB26 contract could get a notice to deliver 100 ounces of gold on Friday. https://www.cnbc.com/quotes/@GC.1 On about January 19th those folks who were short the FEB26 Gold Futures Contract started to get scared and began buying FEB26 Gold Futures Contract to liquidate their short position.